An $80,000 average price and improved clearance rate have underlined an outstanding opening day at the Inglis Melbourne Premier Yearling Sale.
“The average has jumped 10% and the clearance rate is much better than this time last year,” Inglis director Peter Heagney said. “Naturally, we are thrilled for our vendors at how the sale has started.”
Phoenix Broodmare Farm topped Sunday’s trade with a $450,000 Northern Meteor colt from Group 2 winner Conquistar. He was purchased by Sun Kingdom P/L, Gai Waterhouse Racing and James Harron Bloodstock.
That equalled the 2013 sale high and was one of five lots that made $200,000 or more.
The half-brother to Blue Diamond runner up Jabali was the first lot to push through the $200,000 mark at Oaklands on Day 1. Kornong Stud’s strapping colt by Denman from Balalaika was finally secured for Tan Sri Vincent Tan of Malaysia with a bid of $320,000. He will be trained by Mick Price at Caulfield.
Queensland trainer Dan Bougoure then went to $300,000 to buy Grange Thoroughbred’s colt by Fastnet Rock from Group 3 winner Bhandara.
Day 1 trade for the 106 lots that changed hands reached $8.56 million. The average was $80,778 and the clearance rate rose 5 points to 79%.
Yallambee Stud finished Day 1 as the leading vendor (3 or more sold) selling five yearlings for $480,000.
Victorian vendors dominated the leader-board of the Inglis Melbourne Premier Sale on Sunday. New Zealand based Ascot Farm was the only visiting seller to make the Top 10 on Day 1 at Oaklands Junction.
- $450,000 Phoenix Broodmare Farm (Northern Meteor — Conquistar Colt )
- $400,000 Ascot Farm NZ (Star Witness – Crystal Whip Colt)
- $320,000 Kornong Stud (Denman — Balalaika Colt)
- $300,000 Grange Thoroughbreds (Fastnet Rock – Bhandara Colt)
- $230,000 Erinvale Thoroughbreds (Fastnet Rock – Blonde Humor Colt)
- $180,000 Millford Thoroughbreds (Not a Single Doubt – Beymatilla Colt)
- $170,000 Swettenham Stud (Equiano – Circus Polka Colt)
- $160,000 Eliza Park (Not a Single Doubt – Canadian Legacy Colt)
- $160,000 Bucklee Farm (Denman – But One Regret Colt)
- $150,000 Three Bridges (Lonhro – Voltdanze Filly)